According to the public record, 157, Alderson Road, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 954 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Alderson Road, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
157, Alderson Road, Birmingham has a single entry in the Land Registry database from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 157 Alderson Road Birmingham as £158,984 and the rental value as £870 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 157 Alderson Road Birmingham has increased by £9,212 (5.8%) and its rental value has increased by £41 per month (4.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 157, Alderson Road, Birmingham is in very good condition we estimate a sale value of £166,933 and rental value of £914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,855 and a rental value of £810 per month.
If you were able to purchase this property for the estimated value of £158,984, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £781 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 157, Alderson Road, Birmingham was last sold on 12 Mar 2007 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 54.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 157, Alderson Road, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is 110, Hancock Road, Birmingham, B8 3AE, a Freehold house which sold for £176,000 in Jan 2023.
Read more about house prices in B8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alderson Road, Birmingham, B8 has a total of 112 addresses. According to our analysis of all the public data, 157, Alderson Road, Birmingham is the 55th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in B8.
The closest station to 157, Alderson Road, Birmingham is Adderley Park station which is 1.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 157, Alderson Road, Birmingham, 32.6% of property is privately owned outright and 29.4% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 157, Alderson Road, Birmingham, 29.9% of residents are recorded as possessing school level qualifications and 20.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 157, Alderson Road, Birmingham, the average age was 28.7 and the most common age was 12.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 157, Alderson Road, Birmingham, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 157, Alderson Road, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.